House Panel Focuses on GSEs and FHA in March

The House Financial Services Committee will schedule hearings on the regulation of Fannie Mae and Freddie Mac and the competitive advantages FHA has over private insurers.

Committee chairman Jeb Hensarling, R-Texas, announced the hearing schedule for March on Wednesday morning.

On March 6, the Capital Markets and Government Sponsored Enterprise Subcommittee will examine the role Fannie and Freddie played leading up the financial crisis of 2008-2009.

On March 19, the full committee will hold a hearing on the Federal Housing Finance Agency, which oversees the GSEs.

The Housing and Insurance Subcommittee will look at the competitive advantages the Federal Housing Administration has relative to private mortgage insurers and how those advantages contribute to the crowding out of private capital in housing finance. The FHA hearing is on March 13.